NEW YORK, June 6- Major U.S. retail chains, including Costco Wholesale Corp and Victoria's Secret, on Thursday reported sales increases for May that suggested consumer spending continues to improve moderately.
NEW YORK-- Summary of revenue at stores open at least a year in May for clothing chains, with percentage increase or decrease over the same month last year. The Buckle Inc. 4.1 pct. Stein Mart Inc. 8.2 pct.
*L Brands, Costco misses slightly. NEW YORK, June 6- Major U.S. retail chains including Costco Wholesale Corp and Victoria's Secret on Thursday reported sales increases for May that were generally in line with Wall Street's expectations, suggesting consumer spending continues to improve moderately.
CHARLOTTE, N.C.-- Clothing retailer Cato Corp. said Thursday that revenue in stores open at least a year fell 2 percent in May as its spring and summer fashions failed to entice customers into stores.
Wall Street analysts got ahead of themselves with upbeat expectations, said AlixPartners' Managing Director Steve Nevill, noting that unemployment remained high, and consumers were still worried about their prospects.
*Buckle, Zumiez shares rise as sales top views. That was less than the 4.3 percent increase Wall Street expected. Wall Street got ahead of itself with upbeat expectations, said AlixPartners' Managing Director Steve Nevill, noting that unemployment remained high and consumers were still worried about their prospects.
*TJX, Costco miss estimates; Ross Stores, L Brands beat. April 11- Several top U.S. retailers, including Costco Wholesale Corp and T.J. Maxx parent TJX Cos Inc, reported weaker-than-expected March sales as cold weather and lingering concerns about the job market chilled shoppers' enthusiasm.
April 11- Costco Wholesale Corp reported a slightly smaller-than-expected jump in same-store sales in March on Thursday, hurt by weak international results and lower gas prices, while Victoria's Secret parent L Brands Inc reported better-than-expected sales at all of its chains.
*TJX, Costco miss estimates; Ross Stores, L Brands beat. Several top U.S. retailers, including Costco Wholesale Corp and T.J. Maxx parent TJX Cos Inc, reported weaker-than-expected March sales. Costco's sales at stores open at least a year were up 4 percent, less than the 5.2 percent jump analysts expected.
*Costco February comp sales up 6 percent, Limited up 3 percent. March 7- Victoria's Secret parent Limited Brands Inc and Costco Wholesale Corp reported better-than-expected sales for February, when consumer confidence about an improving job market offset the impact of higher taxes.
*Wal-Mart, Burger King, Kraft already feeling the pinch. "Unfortunately, the loss of so many middle-class jobs in this country makes it tough," said Gary Rodkin, chief executive of consumer packaged foods company ConAgra Foods, in an interview on Tuesday.
*January sales at Macy's, Target, Costco exceed Wall Street views. *Kohl's beats but does not raise profit forecast. Macy's Inc, whose shares rose 0.4 percent, was an exception.
*January sales at Macy's, Target, Costco exceed Wall Street views. Macy's Inc said sales at stores open at least a year rose 11.7 percent last month, easily beating forecasts, as the company benefited from its speed in getting new merchandise into its stores. Macy's shares were up 3 percent in early trading.
Costco Wholesale Corp said January sales at stores open at least a year, or same-store sales, rose 4 percent, slightly ahead of Wall Street projections for a 3.9 percent gain. Other retailers reporting stronger-than-expected sales were the teen-oriented Zumiez Inc, which raised its profit forecast, and department store chain Stage Stores Inc..
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